Europe Power Prices Crash to Record Lows on Strong Solar Output

Workers install solar panels near Zaragoza, Spain.Photographer: Angel Garcia/Bloomberg

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By Eva Brendel

April 27, 2026 at 7:50 AM UTC

Updated on

April 27, 2026 at 12:15 PM UTC

German power prices plunged to record lows on Sunday as solar generation surged and mild weather curbed weekend demand.

The hourly price from 1 p.m. to 2 p.m. fell to -€413.77 (-$485.77) per megawatt-hour on the Epex Spot SE exchange. In neighboring France, they dropped as low as -€412.55 for the same period.